Quote:
Originally Posted by daniel200
Eliquis in the USA will cost you about $1400 for 180 (2.5 mg) tablets. It’s manufactured by Pfizer
In Canada the Eliquis will cost you $481 for 180 (2.5 mg) tablets. This is Eliquis marketed by Bristol Myers and is NOT a generic. Bristol Myers and Pfizer have a comarketing agreement in Canada for Eliquis and is marketing Pfizer’s Eliquis.
So the nongeneric prescription for Eliquis that cost you $1400 in the USA will cost you only $481 in Canada.
US consumers are paying for the drug development costs … and the rest of the world is getting a free ride. Why should Medicare or any US consumer not be able to access Canadian pricing for Pfizer’s Eliquis?
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Some of the rest of the world has no access to some of these meds at all. Other parts of the world have cheaper prices because they have fully socialized medicine, and the government negotiates the prices with the pharmaceutical companies. The industry is profitable here, because this country (the USA) chooses to allow the market to determine its own prices, AND because we rely primarily on private insurance for the general public. Even with Medicare, you have to choose which profit-making company will provide your coverage. This just isn't really the case in many other first-world countries.